ECB Prepares to Invest in Tokenized Securities via Pontes

The European Central Bank (ECB) has initiated preparatory work to allocate a portion of its own-funds portfolio into tokenized, euro-denominated securities. The strategy involves using Pontes, the Eurosystem's infrastructure for settling tokenized assets in central-bank money. While no trades have been executed yet, the ECB plans to focus on public-sector and supranational issuers within the euro area. This move marks a transition from developing settlement infrastructure to active institutional adoption.